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9612 34th Avenue, Corona, NY, 11368
Spacious Two-Family Home in Corona

9612 34th Avenue Corona, NY 11368

For Sale
$1,348,000
Pending

MULTI_FAMILY - Corona, NY

Property Size2,348 SF
Lot Size0.06 Acres
Days on Market155

Property Features for 9612 34th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 9
Bathrooms 3
Rooms Bedroom 3, Bedroom 8, Basement, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 9, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 7, Bedroom 2
Interior features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Basement Full, Finished, Walk-Out Access
Standard status Pending
APN 01730-0005
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8041

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1930
Number of units 2
Building materials Frame
Listing Agency: Mitra Hakimi Realty Group LLC
Listed By: Etan Hakimi
Added: Feb 23 Changed: Jul 17 Last Checked: Jul 28 at 12:06PM
MLS# 964182

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in North Corona, this detached two-family residence offers approximately 2,348 square feet of living space on a 25x100 lot. The property is suitable for investors or those seeking a primary residence with rental income potential. The first-floor residence features five bedrooms, a living room, a full bathroom, a functional kitchen, access to a private backyard, and a finished basement with an additional bathroom. The second-floor apartment includes four bedrooms, a living room, a full bathroom, and a private kitchen. As a fully detached home, every room benefits from natural light and privacy. The annual real estate taxes are $8,041. The property's location provides access to the 7 train at Junction Boulevard for commuting into Manhattan. Residents are also near Flushing Meadows Corona Park, Citi Field, and the shopping and dining options along Northern Boulevard and Roosevelt Avenue. The property is also located close to LaGuardia Airport.

Key Highlights

  • Two‑family detached home, perfect for investors or owner‑occupants looking to offset mortgage costs with rental income.
  • High rental potential with a five‑bedroom unit on the first floor and a four‑bedroom unit on the second floor.
  • Prime location with swift access to the 7 train at Junction Boulevard for direct commute to Manhattan.

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $108.5k $46.20
− Vacancy −$4.1k −$1.76
EGI $104.4k $44.44
− OpEx −$47.0k −$20.00
NOI $57.4k $24.44
2,348 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$819.9K
$717.4K – $956.6K (±1% cap)
NOI $57,395 @ 7.0% cap · market cap 4.26%
Second Best
Multifamily LT 5
$555.2K
$485.8K – $647.7K (±1% cap)
NOI $38,863 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M (±1% cap)
NOI $121,168 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Carpet & Flooring Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Detached two-family home with high rental income potential.
Where is this duplex located?
The property is located at 9612 34th Avenue Corona, NY.
What is the asking price?
The asking price for this property is $1,348,000.
What are key features of this property?
This property features: Two‑family detached home, perfect for investors or owner‑occupants looking to offset mortgage costs with rental income.; High rental potential with a **five‑bedroom unit on the first floor and a four‑bedroom unit on the second floor.**; **Prime location with swift access to the 7 train at Junction Boulevard for direct commute to Manhattan.**
More about this property
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